THE INFLUENCE OF PROFITABILITY, SOLVENCY, AND STOCK RETURNS ON THE ACCEPTANCE OF GOING CONCERN AUDIT OPINION

Abstract

The purpose of this study is to analyze the effect of profitability, leverage, and stock returns on going concern audit opinion. In this study, nominal scale computations on going concern audit opinion serve as the dependent variable. Profitability, leverage, and stock return are the independent variables in this study. The variables for profitability, leverage, and stock return are determined using a ratio scale, while the variables for going concern audit opinion are determined using a nominal scale. The population used is all of the mining sector companies that are listed on the Indonesia Stock Exchange (IDX) during 2020-2022. The number of samples in this study were 10 companies using a purposive sampling method so that 30 samples were obtained. This study used the logistic regression method using SPSS26 application. The result showed that profitability had a negative effect on going concern audit opinion, while leverage and stock return had no effect on going concern audit opinion